Cheer Holding Announces $15 Million Direct Offering
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Cheer Holding, Inc. announced a $15 million registered direct offering of 187,500,000 Class A ordinary shares at $0.08 per share, expected to close on November 6, 2025. The funds will be used for general working capital and corporate purposes. The latest analyst rating for CHR stock is a Hold with a $0.50 price target. Despite strong financial performance, technical analysis shows bearish momentum, leading to a moderate overall stock score. Cheer Holding focuses on mobile internet infrastructure and AI technology in China.
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